the stock is just finishing digesting the secondary offering then it will explode higher on new deals etc....
Ladenberg ups its price target to $5.50 and there has been increased buying last three days. Something positive is coming.
Love to read it. Where can I find report. Love to see how analyst justifies valuation at $5.50.
if there is no news to support the dramatic move higher
obviously there is a chance they dont execute on all the new orders but the new manufacturing processes and the volume orders will produce higher gross margins and operating profits more consistent with profitable technology enterprises...rather be long under $1.75 than short
who cares about this quarter or even next quarter...all the new orders will start ramping in back half of year and the 2017 will be a homerun
no volume drift down will be the last chance for shorts to cover before it consolidates and takes out $3
If you are referring to me I have big gains in this after buying under 55 cents and averaging in all the way to $1.50. I then sold over $2.50 quadrupling my money. I have since been averaging back in below $1.50. As for the negative margins. They have greatly improved the yield and manufacturing process which is from Atmels business when at scale will have very profitable gross margins. In addition their technology is only now being adopted on a large scale basis which will allow for better lead times and huge revenue gains as they get all the programs up and running. Atmel was their only real competition so pricing is now favorable as well. They will grow revenue in the next few quarters and then sequential revenue will ramp for the next five years. Thats why this is a buy.
It had a $420 million valuation back then and #$%$ products and technology. Its an easy double from here. Buy any weakness.
once the stock digests the $1.50 stock it will be back off to the races....
Their technology is just being adopted to huge growing segments of the technology universe. They have great new orders and many more to follow. This is a great buy for investors at this stage of growth. If the company can execute on its strategy the stock will be many multiples higher.
It is not stupidly valued as it was back then and they are in the early stages of building a great business with many new orders and more to come. In addition. their technology is just now being adopted and becoming standard in some of the largest technology markets. The stock is a great buy now and mid to long term it will be a huge winner.
The stock offering of 6.5 million shares at $1.50 has been pressuring the stock for past week and change...once the sellers who bought at $1.50 are finished the stock will pop back up. The order momentum is huge and the acquisition of Atmel has put UNXL in the drivers seat for years to come.
agree...back to $3 now...great design wins and revenue will explode next year